Liquid Nutrition Announces Five New Franchise Agreements and New Franchise Recruitment Strategy
MONTREAL, QUEBEC--(Marketwired - Oct. 28, 2013) - Liquid Nutrition Group Inc. (TSX VENTURE:LQD) has announced that it has entered into five new franchise agreements and has revamped its Franchise Recruitment Strategy.
The new stores will be located at:
- The Holt Renfrew Shopping Center, Toronto, Ontario
- The MaRS Discovery Center, Toronto Ontario
- Clarkson Crossing Shopping Center, Mississauga, Ontario
In addition to the three aforementioned stores, Liquid Nutrition has also secured its first two United States franchises in New Orleans, Louisiana, and Columbus, Ohio.
"We are very happy to welcome these new locations into our franchise system," says President and Chief Marketing Officer Chantal Chamandy. "We are especially pleased to have our brand associated with these high profile and sought after locations."
Liquid Nutrition has also recently revamped its Franchise Recruitment Strategy, by discontinuing the sale of multi-year area development agreements. The Company is now focused on selling single, double or triple unit agreements to operators who can open their stores in the same year in which they purchase their franchise.
"We believe that our new franchise recruitment strategy will allow the Company to grow faster by opening stores at a quicker rate," added Chamandy.
About Liquid Nutrition Group Inc.
Liquid Nutrition Group Inc. (TSX VENTURE:LQD) is a growing, hybrid retailer of functional beverages, fresh pressed juices, vitamins and supplements. Liquid nutrition is committed to building a global brand in the health and wellness industry by bringing its healthy and delicious product offering to communities around the world. Through its wholly owned subsidiary, Liquid Nutrition Franchising Corporation, LNGI currently has signed franchise agreements for 22 stores in Canada and the USA, as well as license agreements in the Caribbean and the Middle East. For store locations, business opportunities or more information, visit www.liquidnutrition.com.
About Team Liquid
Comprised of pro-athletes and experts in the world of sports, fitness and nutrition, members of Team Liquid were selected based on their personal and professional dedication to healthy active living. To learn more about Team Liquid and view the full roster, visit www.liquidnutrition.com/en/team_lq.php and see what Team Liquid has to say about Liquid Nutrition: www.youtube.com/watch?v=da785AGWQqk.